COLMARA, SUGGS LANE, BROADWAY, ILMINSTER, TA19 9RJ - £360,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

COLMARA is a midsized extended detached house of 134m², built sometime between 1967 and 1975, which could now be worth an estimated £439,870. It was last sold for £360,000 in January 2020, which was around 4% below the average January 2020 detached price in the Somerset local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

COLMARA Sold Prices

Land registry data shows two sales for COLMARA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Both of the two COLMARA sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 23 JAN	£360,000	£374,752	4% below HPI
2015 28 AUG	£243,000	£316,361	23% below HPI

COLMARA Price Paid vs. HPI Average

The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two COLMARA sales from August 2015 and January 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2015 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2020 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might COLMARA be worth now?

COLMARA might now be worth an estimated £439,870.

This is based on house price inflation of 22.2%, between January 2020 and December 2024, for detached houses, in the Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.2% inflationary increase is applied to the most recent sale price for COLMARA of £360,000 on 23rd January 2020. For the value to have increased from £360,000 to £439,870 over the three years and one month to December 2024, the following assumptions must hold true:

• The value of COLMARA has moved in line with the HPI for detached houses in the Somerset local authority area.
• The January 2020 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of COLMARA has not materially changed since January 2020.

How Large is COLMARA?

COLMARA is 134m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 50% of detached houses houses in Broadway, based on EPC data. The below chart shows the distribution of detached houses houses by size in Broadway, and where COLMARA lies on this distribution: 56% of detached houses houses are smaller than COLMARA, and 43% of houses are larger. Note that EPC data is not available for all properties in Broadway.

COLMARA: Plot and Title Map

COLMARA sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of COLMARA, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of COLMARA). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is COLMARA?

COLMARA is located on SUGGS LANE in BROADWAY, in the TA19 postcode district. The below map shows the position of COLMARA on SUGGS LANE.